Dictionary.com
Thesaurus.com

loan value

American  

noun

Insurance.
  1. the highest amount of money that can be borrowed against a life-insurance policy, based on the cash value of the policy.


Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

See Examples For:

After an appraisal, the bank deemed that my home had indeed appreciated to 80% or more of the loan value.

From Salon Oct. 28, 2024

When Abdullah filed a complaint with Jordan’s office, the bank eventually agreed to increase the loan value to $160,000, and Abdullah sold.

From Seattle Times Oct. 14, 2022

The bank had already provisioned for over 80% of the total loan value which will now be transferred to J.C.

From Reuters Sep. 9, 2022

It would also increase the maximum loan value from $5 million to $10 million, and increase the government guarantee to 95%.

From Washington Times Feb. 12, 2021

The government provides a seven-year taxpayer guarantee to the lender covering 15% of the loan value.

From BBC Oct. 13, 2013

Vocabulary.com logo
by dictionary.com

Join 12,000,000 vocabulary learners

Start learning new words today on VocabTrainer.
You'll remember them forever.

Start training